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An Open Market Operation

Question 26

Multiple Choice

An open market operation


A) refers to the Bank of Canada's sales and purchases of corporate stock.
B) can change bank deposits but cannot alter the quantity of money.
C) is the purchase or sale of government of Canada securities by the Bank of Canada from or to a chartered bank or the public.
D) refers to loans made by the Bank of Canada to chartered banks.
E) refers to the purchase or sale of Canadian currency in exchange for foreign currency.

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